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A comment on Notice of termination of Twitter merger agreement. Parent comment

Re:Notice of termination of Twitter merger agreement by HarHarVeryFunny on Saturday July 09, 2022 @12:35PM (#32036735)
I believe the agreement between Twitter and Musk had a $1B acquisition cancellation clause built into in, so if Musk can't successfully argue for breach of contract he'll have to pay this $1B break-up fee, rather than be forced to complete the purchase.
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Re:Notice of termination of Twitter merger agreement by papercrane on Saturday July 09, 2022 @01:13PM (#32037175)
The contract includes a specific performance clause, so it's not as simple as a $1B break up fee.
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Re:Notice of termination of Twitter merger agreement by softwaredoug on Saturday July 09, 2022 @12:47PM (#32036895)
That’d be a nice infusion of capital for Twitter. And maybe that’s the best case scenario outcome that they’re actually hoping for.
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